Pulsar Helium Reports First Set of Financials Post-IPO for Q3'23

AKAP
Aug 28, 2023
1 min read

Newly listed helium explorer, Pulsar Helium, reported Q3'23 financials for nine months ended Jun'23. During the quarter, Pulsar initiated an Ambient Noise Tomography Survey for the Topaz Project, to gather subsurface data for an appraisal well site. The company is also preparing for the drilling of an appraisal well in Q4'23, with the location chosen to avoid intersecting a previous wellbore. Additionally, Pulsar plans to acquire additional tenure in Minnesota through applications to government and private stakeholders. The company ended the quarter with a net loss of US$741k, cash position of US$109k, and total assets worth US$533k.

Want to read more?

Subscribe to akapenergy.com to keep reading this exclusive post.

Subscribe Now

Recent Posts

See All

Mendell Outlines Fort Dodge Expansion Plans and Extends Option to Acquire M3 Helium

Mendell provided an update on its strategy to scale helium production around M3 Helium’s Rost 1-26 well in Kansas, identifying multiple new drilling locations within the same narrow channel formation

Airlife Takes Control of Royal Helium; Restructuring Completed and Production Restart Planned

Airlife Gases has acquired 52.9% of Royal Helium through a reverse-takeover restructuring that brings the company out of Companies' Creditors Arrangements Act (CCAA) proceedings and places Airlife in

Ascent Resources Grants Neometals an Option to Access Paradox Basin Wells

Ascent Resources and American Helium (AH) have signed an option agreement giving Neometals and Omaha Value, two mineral exploration companies, a 60-day exclusive period to negotiate access and use rig